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GB00BF0NMY13

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1d
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Analysis and statistics

  • Open
    188.3209$
  • Previous Close
    188.3209$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

GB00BF0NMY13 is the ISIN (International Securities Identification Number) for the Fidelity Funds - European Growth Fund A-ACC-EUR. This fund is managed by Fidelity International and invests primarily in the shares of European companies, aiming to achieve long-term capital growth. The "A-ACC-EUR" designation typically indicates that it's the accumulating share class, meaning dividends are reinvested back into the fund, and denominated in Euros. Potential investors should review the fund's prospectus for complete details on investment objectives, strategy, risks, and fees before investing.
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Factors

Asset Performance: Underlying assets' performance directly impacts the fund's Net Asset Value (NAV), thus the price. If assets held by the fund appreciate, the price increases. Conversely, if assets depreciate, the price decreases.

Market Sentiment: Overall market mood and investor confidence affect fund flows. Positive sentiment can lead to increased demand and higher prices. Negative sentiment can cause redemptions and lower prices.

Management Fees: Fees charged by the fund manager reduce the fund's overall return, influencing the price. Higher fees generally lead to lower potential price appreciation compared to funds with similar assets and lower fees.

Currency Fluctuations: For funds investing in foreign assets, exchange rate changes can impact returns. A strengthening of the fund's base currency relative to the currency of its invested assets can lower the fund's price, and vice versa.

Interest Rates: Changes in interest rates can impact the valuation of fixed-income assets held by the fund. Rising interest rates usually decrease the value of existing bonds, which can lead to a lower fund price if it holds a significant amount of such bonds.

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